Meta is reportedly investing nearly $15 billion in the data-labeling firm Scale AI and taking a 49% stake in the startup, while also bringing on CEO Alexandr Wang to help lead a new ...

June 12 (Reuters) - Facebook-owner Meta (META.O) has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a ...

Meta Platforms added $14.3 billion to its investment in Scale AI, adding key personnel to its payroll. After a disappointing Llama 4 release, Meta is playing catch-up with the leading AI companies.

Meta (NASDAQ:META) is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including ...

Meta has bought nearly half of Scale AI for $15 billion. In theory, that's because Mark Zuckerberg wants to secure Scale AI's data services. But this looks like an acquihire.

Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the U.S., the Financial Times reported on Friday.

Meta Platforms Inc considering $15 billion investment in Scale AI, valuing it at $28 billion. Aims to build superintelligence lab to compete with OpenAI, Anthropic & Google.

Conclusion Meta’s $14.3 billion bet on Scale AI is more than just headline news, it’s a powerful signal that the market is waking up to the true value of platforms like Reddit.

UNITED STATES - Meta said Thursday it was making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at ...

Meta has completed a $14.3 billion investment in Scale AI, acquiring a 49% stake in the startup and valuing it at over $29 billion. This deal marks Meta's second-largest investment to date ...